Why a Personal Representative Should Consider Hiring a Boca Raton Probate Attorney
When people write their wills, they often name close friends or loved ones as the personal representative of their estate. As a result, many personal representatives often find themselves feeling overwhelmed and unqualified to handle such a significant responsibility. And while the personal representative is not obligated to hire an attorney, proceeding without one can make the process more difficult than it needs to be and result in costly mistakes. If you’ve been named as the personal representative of an estate, a Boca Raton probate attorney can provide you with invaluable guidance.
A Boca Raton Probate Attorney Knows the Probate Process
The probate process can be complicated, especially when dealing with complex estates. An experienced attorney will know the law as well as the legal procedure for properly administering the estate. This can ultimately save you and the beneficiaries significant time, money, and hassle.
You Can Take Advantage of Their Network
A practicing Boca Raton probate attorney regularly works with many different professionals in the probate space such as accountants, appraisers, and financial advisors. For personal representatives who do not have experience in administering an estate or any financial or business background, finding the professional advice you need in addition to fulfilling your responsibilities to the estate can seem overwhelming. An attorney can make referrals to whatever other professionals you may need.
A Boca Raton Probate Attorney Can Help Manage Disputes
Many personal representatives are friends or family members of the deceased. This can make your role incredibly awkward if a dispute arises. An experienced probate attorney can manage and resolve disputes over the estate before they result in costly litigation.
Mistakes Can Result in Personal Liability
Administering an estate is a highly technical process and unintentional mistakes can be costly. Paying heirs the wrong amount, failing to pay creditors, failing to pay taxes, or making an accounting error could spark litigation that leads to personal liability. A Boca Raton probate attorney can ensure that the estate is properly administered, giving you some much-needed peace of mind.
A Boca Raton Probate Lawyer Can Manage the Estate’s Creditors
With complex estates, one of the biggest challenges can be dealing with creditors. Some creditors will aggressively assert their claims, seeking amounts that they are not entitled to. Some creditors may not even be entitled to be paid from the proceeds of the estate. A knowledgeable probate attorney will be able to evaluate the creditors of the estate and pay their claims appropriately.
Speak with a Boca Raton Probate Attorney Today
Serving as the personal representative of an estate can be incredibly challenging and demand a great deal of your time and attention. A Boca Raton probate attorney from Ellis Law Group can help you navigate the probate process. Call us at 561-910-7500 or contact us online to schedule an appointment to discuss your case and how we can be of service.